Characteristics and responses of winners in the Greek tax lottery

Panayiotis Nicolaides ()
Additional contact information
Panayiotis Nicolaides: Paris School of Economics

International Tax and Public Finance, 2025, vol. 32, issue 4, No 4, 1030-1075

Abstract: Abstract The Greek tax lottery incentivises consumers to shift from cash to electronic payments by awarding €1,000 to 1,000 winners every month. Utilising administrative tax data, I analyse the income and occupation characteristics of winners, revealing that the lottery favours high-income taxpayers and the self-employed, who exhibit higher spending levels. Leveraging a unique event of retroactive draws in December 2017, I quantify the winners’ responses after receiving a prize. Low-to-middle-income taxpayers increase their electronic consumption temporarily, indicating that those who are less likely to win respond the most. Self-employed taxpayers with high spending levels halve their electronic consumption, suggesting that winning leads to higher perceived visibility of transactions by the tax authority. Using lottery simulations, I explore ticket ceilings that reduce the concentration of prizes among high-consumption individuals.

Keywords: Tax lottery; Electronic payments; Third-party information; Value-added tax; D13; D22; E21; H24; H25; H26; H31; H83 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s10797-024-09872-7 Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:itaxpf:v:32:y:2025:i:4:d:10.1007_s10797-024-09872-7

Ordering information: This journal article can be ordered from
http://www.springer. ... ce/journal/10797/PS2

DOI: 10.1007/s10797-024-09872-7

Access Statistics for this article

International Tax and Public Finance is currently edited by Ronald B. Davies and Kimberly Scharf

More articles in International Tax and Public Finance from Springer, International Institute of Public Finance Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().